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Jen Schefft: Engaged to Joe Waterman!

It's only appropriate, what with Andrew Firestone announcing earlier this week that he and Ivana Bozilovic are expecting their first child, that his one-time would-be bride from The Bachelor, Jen Schefft, got engaged this week!

The lucky guy is stock trader Joe Waterman!

"I'm so excited and so happy," says Jen Schefft. "We really get each other. I guess it's true things move fast when you meet the right person."

Schefft, who starred both The Bachelor in 2003 and The Bachelorette in 2005, finding love on neither, authored the book Better Single Than Sorry.

Joe Waterman didn't know much about Schefft from TV – but he shies away from certain reminders. "He gives me flowers but never roses," she says.